SFLBSESHEELA FOAM LIMITEDLowNeutral
Announced Thu, 16 Jul · 18:42 IST

Sheela Foam 54th AGM: All 13 resolutions passed, Re 1 dividend cleared

Board & Shareholder Meetings View source PDF

SFL · price

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Price reaction · full curve 14 horizons · vs prior close
+0.1%1-day move
₹761.50
prior close
₹765.85
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.5-2.3-1.9-3.0+0.1-2.0-2.0-1.4+0.1
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AI summary

Sheela Foam held its 54th AGM on 16 July 2026 via video conference, with 265 shareholders attending. All 13 resolutions were approved with overwhelming majority. Highlights: final dividend of Re 1 (20 percent) per equity share of Rs 5 face value approved for FY26, audited standalone and consolidated financials adopted, MSKA and Associates reappointed as statutory auditors for a second 5-year term, Rahul Gautam reappointed as Chairman and Managing Director, Tushaar Gautam as Vice Chairman and Joint MD, and 4 new independent directors appointed.

Likely market impact

Dividend approval rewards shareholders. Leadership reappointments signal continuity; new independent directors strengthen board oversight.